WR Wealth Planners LLC Cuts Position in Walmart Inc. (NYSE:WMT)

WR Wealth Planners LLC lessened its holdings in Walmart Inc. (NYSE:WMT) by 4.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,288 shares of the retailer’s stock after selling 1,308 shares during the quarter. Walmart comprises 0.9% of WR Wealth Planners LLC’s portfolio, making the stock its 21st largest position. WR Wealth Planners LLC’s holdings in Walmart were worth $2,646,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new stake in Walmart in the fourth quarter worth about $25,000. Peterson Financial Group Inc. purchased a new stake in shares of Walmart during the third quarter valued at approximately $26,000. Fiduciary Advisors Inc. purchased a new stake in shares of Walmart during the fourth quarter valued at approximately $27,000. Decker Retirement Planning Inc. purchased a new stake in shares of Walmart during the fourth quarter valued at approximately $32,000. Finally, Hara Capital LLC purchased a new stake in shares of Walmart during the third quarter valued at approximately $37,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on WMT. Jefferies Financial Group increased their price target on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Barclays reiterated an “overweight” rating on shares of Walmart in a report on Friday. Stifel Nicolaus increased their price target on shares of Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. JPMorgan Chase & Co. increased their price target on shares of Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Finally, Sanford C. Bernstein increased their price target on shares of Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $103.07.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,600 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction of $166,384.00. Following the completion of the transaction, the executive vice president now directly owns 423,597 shares of the company’s stock, valued at approximately $44,049,852.03. This trade represents a 0.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $92.47, for a total transaction of $277,410.00. Following the transaction, the executive vice president now directly owns 375,165 shares of the company’s stock, valued at $34,691,507.55. The trade was a 0.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 188,777 shares of company stock worth $17,934,726 in the last three months. Company insiders own 45.58% of the company’s stock.

Walmart Stock Up 1.9 %

Shares of WMT stock opened at $98.65 on Friday. The company has a market capitalization of $792.52 billion, a price-to-earnings ratio of 40.94, a PEG ratio of 4.42 and a beta of 0.55. Walmart Inc. has a one year low of $58.20 and a one year high of $105.30. The company’s fifty day moving average price is $95.90 and its 200-day moving average price is $87.44. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating the consensus estimate of $0.64 by $0.02. The firm had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be given a dividend of $0.235 per share. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a dividend yield of 0.95%. Walmart’s payout ratio is 39.00%.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.